CF Industries Jumps After Q2 Results
Fertilizer company CF Industries (NYSE: CF) released its second-quarter earnings results after the closing bell on Monday. The company reported net earnings of $606.3 million, or $9.31 per share, compared to $487.4 million or $6.75 per share in last year's corresponding period. This came in ahead of analysts' consensus EPS estimates of $8.90.
Net sales in the quarter were $1.74 billion, a four percent decline from the $1.8 billion reported last year. This missed analysts' consensus revenue estimates of $1.95 billion.
In Monday's after hours trading session, CF Industries shares added almost 3 percent, trading near $209.00.
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